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Galway Bay FM News Archives

GALWAY CREDIT UNIONS RECOUP 116 THOUSAND EURO IN LOANS

Bernie Ni Fhlatharta

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Date Published: 23-Apr-2012

Over 116 thousand euro has been awarded to Galway Credit Unions so far this year to recoup consumer loans.

That’s according to figures compiled by business intelligence provider Vision-net.ie which show that just one judgement has been taken so far this year.

The data shows that last year, seven such cases were taken by Galway Credit Unions where consumer loans valued at over 170 thousand euro were recouped.

While none were recorded in the first or second quarter of 2011, five were pursued in quarter three and a further two in the last three months of the year.

Nationally, 74 credit unions have taken 183 cases of unpaid loans to the courts so far this year in an attempt to recover more than 3.6 million euro owed to them.

Almost one in five credit unions have been forced to take this action and in one case a credit union sought a judgment to recoup a consumer loan of over €675,000.

The figures emerged as the Commission of Credit Unions recommended a complete overhaul of the credit union system, suggesting that up to 100 institutions may merge.

Galway Bay FM News Archives

Appeal for information following Portumna crash

Bernie Ni Fhlatharta

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Date Published: 08-May-2013

Gardai are appealing for witnesses following a single vehicle crash at the Portumna bridge this morning.

The road from Nenagh to Loughrea reopened shortly after 11 this morning following the completion of a technical exam.

Four men were travelling in a van when they hit the Portumna bridge around 6:30 this morning.

Gardaí, ambulance and two units of Portumna fire services rushed to the scene, and one of the men was taken to Portiuncula hospital in Ballinasloe.

He is being treated for head injuries, which have been described by Gardaí as serious.

Anyone with information is asked to contact Portumna Garda station on 09-097-42060

 

 

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Galway Bay FM News Archives

President Higgins among GMIT’s first ever honorary fellowships

Bernie Ni Fhlatharta

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Date Published: 10-May-2013

GMIT is to honour seven outstanding individuals including President Michael D Higgins with Honorary Fellowships at a special ceremony later this month.

It’s the first time in the 40 year history of the Institute the Governing Body of GMIT has decided to award honorary fellowships.

The GMIT Honorary Fellowships will be conferred at the g Hotel in the city this day two weeks Friday 24 May at 2.30pm in front of 200 invited guests.

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Galway Bay FM News Archives

Galway commuters hold their breath as LRC intervenes in bus strike

Bernie Ni Fhlatharta

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Date Published: 13-May-2013

Galway commuters are holding their breath as there has been a potential breakthrough in the Bus Eireann dispute, as both sides have agreed to talks at the Labour Relations Commission.

The LRC intervened this afternoon, on day two of strike action that has seen 95 per cent of bus services disrupted across the country.

The LRC’s Director of Conciliation Services, Kevin Foley, says the National Bus and Rail Union and the company have agreed to meet for mediated talks at 8 this evening.

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